This study explores the rationality behind firms’ decision to admit or deny their involvement in bribery when responding to confidential surveys conducted by international agencies (such as the World Bank). Specifically, we posit that firms’ reluctance to provide accurate information about...

We analyze how, in the absence of capital market incentives, the influence of existing competition on voluntary disclosure is an evolving process which has a non-monotonic design. The progressive capability of rivals to forecast significant information and the increasing losses of abnormal...

The importance that managers attribute to budgets is an indicator of their preferences about budgets and, as a consequence, of their demand for budgets. If organizations know the process by which managers attribute importance to budgets, they can act on the antecedents of importance and hence,...